Surani Steel Tubes Limited IPO
NSE SME₹ 204000 /4000 Shares
*Min Investment
25 Jan, 2019
Open Date29 Jan, 2019
Close Date04 Feb, 2019
Allotment Date06 Feb, 2019
Listing DateIPO Issue Details
- Issue Price Rs 51/- to Rs 52/- Per Equity Share
- Face Value Rs 10/- Per Equity Share
- Issue Price Fresh Issue of 24,84,000 Equity Shares of Rs 10/- at a price of Rs 51/- to Rs 52/- per share aggregating to Rs 12.92/- Cr
- Listing at NSE SME
- Lead Manager Pantomath Capital Advisors Private Limited
- Registrar Link Intime India Private Limited
IPO Details
- Retail Portion N/A
IPO Details
Surani Steel Tubes Limited IPO is an SME IPO, priced at Rs 51/- to Rs 52/- Per Equity Share . The equity shares have a face value of Rs 10/- Per Equity Share each and will be listed on the NSE SME platform.
The IPO bidding window is open from Jan 25, 2019 to Jan 29, 2019. The allotment is expected to be finalized on Feb 4, 2019, and the tentative listing date is Feb 6, 2019.
The registrar of the IPO is Link Intime India Private Limited, and
IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 11,79,000 | 11,79,000 | 23,58,000 |
Day 1 - 25-01-19 | 8,42,000 0.71 x | 3,62,000 0.31 x | 12,04,000 0.51 x |
Day 2 - 28-01-19 | 13,10,000 1.11 x | 6,28,000 0.53 x | 19,38,000 0.82 x |
Day 3 - 29-01-19 | 21,16,000 1.79 x | 15,28,000 1.30 x | 36,44,000 1.55 x |
Valuations
IPO - Issue Objectives
Funding the working capital requirements of the company. ( Rs [ . ] Cr )
General Corporate Purposes. ( Rs [ . ] Cr )
IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| Salebhai Internet Limited | 5.56 | NA | - (172.01)% | 0.46 |
| Infibeam Incorporation Limited | 4.25 | 129.69 | 3.27% | 836.72 |
IPO - FAQs
Ans. Surani Steel Tubes Limited IPO is a SME IPO. The issue is priced at Rs 51/- to Rs 52/- Per Equity Share . The minimum order quantity is 2000 Shares. The IPO opens on Jan 25, 2019, and closes on Jan 29, 2019. Link Intime India Private Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Surani Steel Tubes Limited IPO opens on Jan 25, 2019 and closes on Jan 29, 2019.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Surani Steel Tubes Limited IPO is Fresh Issue of 24,84,000 Equity Shares of Rs 10/- at a price of Rs 51/- to Rs 52/- per share aggregating to Rs 12.92/- Cr.
Ans. The Surani Steel Tubes Limited IPO price band is set between Rs 51/- to Rs 52/- Per Equity Share .
Ans. To apply for Surani Steel Tubes Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Surani Steel Tubes Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Surani Steel Tubes Limited IPO is Feb 4, 2019.
Ans. The Surani Steel Tubes Limited IPO will be listed on Feb 6, 2019.
Ans. Follow the steps to check the Surani Steel Tubes Limited IPO allotment status online.
